Russia’s main stock market, the Moscow Exchange (MOEX), plans to release indexes for four more cryptocurrencies this month, including Ripple and Binance.
The platform has already published indexes for Bitcoin and Ethereum, and plans to further expand the list by adding altcoins such as Dogecoin and Cardano. Issue cryptocurrency derivatives using the index.
Moscow Exchange to offer more indexes of major cryptocurrencies
The main trading venue for Russian stocks, bonds and derivatives introduces the Solana index ($SOL), Ripple’s $XRPTron ($TRX), BNB on Binance.
These will reflect the performance of digital currencies and the tickers will be MOEXSOL, MOEXXRP, MOEXTRX and MOEXBNB, the Moscow Exchange announced on Monday.
The index will be published on May 13, according to a statement cited by daily newspapers Kommersant and Vedomosti, as well as crypto news outlet Bits Media.
These calculations use data from some of the world’s top cryptocurrency exchanges: Binance (50%), Bybit (20%), OKX (15%), and Bitget (15%).
MOEX reminded that it is launching indices for Bitcoin (MOEXBTC) and Ethereum (MOEXETH), the two largest coins by market capitalization, from June and October 2025, respectively.
The new additions bring the total to six companies, but the stock market operator intends to eventually increase that number to at least 10 companies.
According to business news portal RBC, these could include indexes of the most popular altcoins such as Dogecoin, Cardano, Hyperliquid, and Chainlink.
Starting again from May 13th, all cryptocurrency indices will be calculated every 15 seconds throughout the trading day and during additional weekend sessions.
This is currently done once a day, and each index is published by 6pm Moscow time, the exchange said in a statement on its website.
MOEX becomes a major player in Russia’s regulated crypto market
The Moscow Exchange is a major participant in Russia’s financial markets and also trades fiat currencies, financial market instruments, and commodities.
The platform is also expected to play a leading role in the country’s cryptocurrency sector, which is expected to be legalized by this summer.
Under a draft law based on the Bank of Russia regulatory concept announced in December, traditional platforms like MOEX will be able to handle digital assets based on their existing licenses.
The exchange announced its intention to launch an index. $SOL, $XRPand $TRXand futures based on it, were announced in February this year.
At the time, the company said it was considering issuing perpetual futures for Bitcoin and Ethereum, in addition to the monthly index futures for BTC and Ethereum that were already traded. $ETH.
Last spring, Russia’s central bank authorized financial companies to offer crypto derivatives to qualified investors, making MOEX one of the first to do so.
The main requirement for such instruments is that they do not involve actual delivery of the underlying digital assets.
Contracts currently trading on MOEX are based on proprietary Bitcoin and Ethereum indices or BlackRock’s iShares Bitcoin Trust ETF (IBIT) and iShares Ethereum Trust ETF (ETHA).
Russia’s upcoming rules aim to expand investors’ access to crypto assets to include non-accredited investors, but their purchases will be limited to less than $4,000 per year.
A new bill on “Digital Currency and Digital Rights” has already been debated in the Lower Duma of the Russian parliament and is expected to be passed and implemented by July 1 at the latest.
Russia’s leading stock market hopes to start trading cryptocurrencies directly by early 2027. Next up will be SBP, the country’s second-largest exchange, which offers its own Bitcoin futures.
